Economics
How People Actually Choose
Consistency, reference points, and the cheapest policy instrument there is
Bernoulli · Kahneman · Thaler · 3 chapters · 12 min read
Consistency, reference points, and the cheapest policy instrument there is.
Free to read: every chapter below is open
Deciding
- 01A Theory About ConsistencyOn a theory about consistency that gets mistaken for a theory about calculation.
- 02The Reference Point DecidesOn the reference point, and why the same fact can be a gain or a loss.
- 03A Box, and Eighty Percentage PointsOn the cheapest policy instrument ever discovered, and what it cannot do.